✔✔Banking✔✔ Q1. What is RTGS ? Ans. Real Time Gross Settlement. Q2. What is NEFT ? Ans. National Electronic Fund Transfer. Q3. Is there any minimum / maximum amount for RTGS transactions? Ans. The RTGS system is primarily meant for large value transactions. The minimum amount to be remitted through RTGS is ` 2 lakh. There is no upper ceiling for RTGS transactions. Q4:What is IFSC code? Ans :The Indian Financial System Code. IFSC is alphanumeric code that uniquely identifies a bank-branch Q5: How many character does IFSC code have? Ans : 11 character code Q6: What is IMPS ? Ans : IMPS is Immediate Payment Service and it is commonly known as Inter bank Mobile Payment Service. Share Share...
Posted on: Sun, 01 Dec 2013 07:07:06 +0000
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